Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Suivre

Explain the three-level hierarchy for Fair Value Measurements that are used in IFRS 13?

user-image
Question ajoutée par Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date de publication: 2016/01/25
Safder Shaikh
par Safder Shaikh , Financial Specialist , Youssef Abdullah El Khereiji & Sons holding Co.

Step1

 

 

 

Identify the balance or transaction that may or maybe  measured or disclosed at fair value and when such measurement (disclosure) is necessary.

 

 

Step2

Determination of fair value upon initial recognition.

 

 

Step3

Determine if the subsequent measurement of the account balance is at fair value and/or if fair value disclosures are required.

 

 

 

More Questions Like This